Articles tagged with “srilanka”

Sri Lanka, a beautiful island nation known for its rich culture and stunning landscapes, is grappling with a severe road safety crisis. Recent tragic incidents, including a devastating bus accident that claimed the lives of at least 21 people and injured over 35 others, have highlighted the urgent need for comprehensive road safety measures. With nearly 600 fatalities reported in road accidents this year alone, the statistics paint a grim picture of the state of road safety in the country. This article delves into the causes of road accidents in Sri Lanka, the economic implications, and the urgent need for effective strategies to enhance road safety and protect lives.

The story of Singapore's transformation from a struggling port city to a global financial hub is one of the most remarkable economic success stories of the 20th century. In 1965, Singapore was a newly independent nation with no natural resources, a largely uneducated populace, and a high unemployment rate. Fast forward to today, and it stands as a beacon of prosperity, boasting a per capita income that rivals some of the wealthiest nations in the world. In contrast, Sri Lanka, once viewed as a model for Singapore, has faced numerous challenges that have hindered its development. This article explores the lessons Sri Lanka can learn from Singapore's journey, focusing on key areas such as governance, economic policy, human resource development, infrastructure investment, and social cohesion.

The Maldives is poised to make a significant leap in its economic landscape with the launch of the Maldives International Financial Centre (MIFC). This ambitious project, backed by Middle Eastern investors, aims to transform the Maldives into a future-ready economy by 2040. As the Maldives embarks on this journey, Sri Lanka finds itself at a crossroads, facing the urgent need to act swiftly to maintain its competitive edge in the region. The implications of the MIFC for Sri Lanka are profound, as it raises questions about economic strategy, investment attraction, and regional cooperation.